The Malaysia Savings Sale starts today and ends on 4th January, 2009. It used to be known as the Malaysian Year-End Sale(YES).

It’s one of two major sales in Malaysia, the first one being the Malaysia Megasale Carnival that runs from July to August every year.
These two sales are THE sales to watch out for in Malaysia because the sale is all over the country, in all departments stores and shopping malls, with discounts up to 70%. Even big brands like Gucci and Coach offer goods at 50% discount. Never mind if they’re last season’s models.
Throughout the year, there are also other sales, usually coinciding with major holidays like Hari Raya Aidilfitri and Chinese New Year. The holidays will determine what items will have the most number of offers. For instance, Hari Raya Aidilfitri sales will sell a lot of baking ingredients and equipment (for making kuih Raya) and beef (for making rendang), Deepavali will see a lot of spices and muruku, Chinese New Year will have oranges, lemon plants with yellow fruits, and pussy willows. For all three major holidays, you can expect furniture, houseware, carpets, decorative items and DIY items doing brisk business, as well, because everyone will want to make sure that their houses are ready to receive guests. People also buy new clothes during those times, including the traditional baju melayu and baju kurung for Raya, sarees and salwar kameez for Deepavali, cheong sams and other red articles of clothing for Chinese New Year.
Ikea Malaysia, which is said to be the biggest outlet in Asia for the Swedish furniture giant, usually has a clearance sale in July, in preparation for the range of items that are launched in August. In December, however, they traditionally have a special item on sale everyday from 1st December until Christmas Eve. All year round, you can check out the Bargain Section (just before the check-out counters) that feature display items, slightly damaged items, and discontinued items being sold at extremely low prices.
In December, there will be a lot of back-to-school sales featuring stationery, school bags, uniforms and shoes, in preparation for the start of a new schoolyear in January.
Some shopping malls will also hold special sales in celebration of their anniversary.
But for the MegaSale Carnival (July/August) and Year-End Sale a.k.a. Savings Sale (December), everything’s on sale — designer clothes, toys, luggage, pop up tvs, computers, houseware, even carpets and furniture. They’re really the sales that are worth waiting for.